Go Markets Guide – Read our In-Depth Go Markets Review
This Go Markets review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations, the content in this Go Markets review does not apply to US users.
If you are a new entrant in the world of trading and broker, so many details will be confusing for you. Getting into the area of trading requires expert assessing skills and comprehensive understanding. You'll acquire proficient at all the concepts of brokerage as you continue trading. For starters, you have to select the right broker who'll be clear with you always.
Within this fast-paced world of stock markets and trading, you'll need guidance to make correct decisions. A professionally lead investment program will create hefty returns. Go Markets is one such stage that will take you and your investment to great heights. It is important to understand all about Go Markets until you trust them with your money.
Our full Go Markets Review covers all you need to learn about trading with Go Markets. A fantastic broker can multiply your first investments and give you positive profits. If you want to make profits, you must trade with a brokerage service that aligns with your investing goals.
There is no sure-fire method to guarantee profits; therefore, you must carefully assess your broker before you select them. It is a common misconception that all agents are exactly the same, but that's not true. Wrong judgment, initially, can put your investments at risk.
Go Markets is a broker that has found its way successfully to the brokerage world. Within this review, we've attempted to collate some of the important aspects of Go Markets. This review will allow you to know whether Go Markets is a fantastic match for your investments or not. We've tried to breakdown all the qualities and charges for your convenience.
Go Markets Review, Table Of Contents
- Who are Go Markets?
- Benefits Of Trading With Go Markets
- Everything you should know about trading with Go Markets
- Is Go Markets Safe To Trade With?
- Pro's & Con's Of Trading With Go Markets?
- Compare Brokers Similar To Go Markets
- Regulation And Licencing In More Detail
- Go Markets Awards
- Minimum Deposit Required For A Live Account With Go Markets
- Go Markets Commission And Fees Explained
- Compare broker fees against Go Markets
- Go Markets Withdrawal Fees Explained
- Go Markets Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With Go Markets?
- Alternatives To Go Markets
- Frequently Asked Questions About Go Markets
Who are Go Markets?
Go Markets is a forex broker headquartered in Australia and provides a variety of tools for trading. Since its inception in 2009, Go Markets has emerged as a leading player in the industry of online brokerage. Go Markets includes a highly aggressive and full-featured trading website that's focused on forex, indices, metals, shares, commodities.
Over the past 12 years, Go Markets has grown into one of the leading online brokers.
After launching in 2009, their customer base is becoming as big as 10,000+ clients.
Go Markets is the favorite for many traders.. Our Go Markets review found that they are an excellent alternative for automated trading options. It is most appropriate for investors who are looking for a variety of assets. Social and automated trading solutions are the heart at Go Markets.
Technology plays a substantial role in Go Markets. Go Markets features trading on MT4, Web Trader, Binary, Tablet & Mobile apps. Go Markets is fair, transparent, and a well-regulated broker by the Australian Securities and Investment Commission (ASIC). Their outstanding variety of resources will be beneficial for the majority of traders. Third-party partnerships also provide in-house analysis.
The trader resource section at Go Markets is very enlightening for new dealers as it permits them to get a closer look in the financial markets. Go Markets caters to all types of traders and are a must-have broker for almost any well-diversified method of online trading.
If you feel that Go Markets is not right for you then at the bottom of this Go Markets review you wil find a lot of alternatives to Go Markets.
Everything you should know about trading using Go Markets
Go Markets is a dynamic platform that offers various methods of trading online. These tools cover the financial markets substantially. The Majority of the brokerage platforms provide fewer methods than Go Markets
If you want to trade with Go Markets, you will need a minimum deposit of $1. This deposit is mandatory if you want to begin trading with Go Markets. This 2021 Go Markets review will direct you easily about trading with them.
Go Markets is as versatile as another broker platform. Go Markets is ideal for traders that want a manageable variety of cheap services. The programs offered by Go Markets are third party, white-label offerings. All traders can choose from MT4, Web Trader, Binary, Tablet & Mobile apps.
Together with everything, Go Markets has multiple benefits to new and verteran traders and should be investigated. There's no minimum time on which a trade must be kept available. The agents offer premium client service which rewards customers with advantages.
Many unethical brokers attempt to pressurise customers into larger funding for superior services. Go Markets, on the other hand, is much more concentrated on trading volume. Dealers can expect trading conditions to be just, honest and transparent. The more lots traded by the consumer, the more benefits will come along.
Go Markets accounts are available all over the world and provides outstanding service wherever they have clients. There are some select few countries where Go Markets accounts are not available. Traders in the following countries cannot open or use a Go Markets account:
Is Go Markets Safe To Trade With?
Established in 2009, Go Markets has been in operation for 12 years, they are headquarted in Australia.
Go Markets is regulated by Australian Securities and Investment Commission (ASIC). These figures have rules that mandate that trading platforms have ploicies in place to keep investor's assets procured. This usually means that Go Markets users do not need to be worried about their money as it is segregated and safely kept in established banks. SSL encryption simplifies each user's private information also.
You can make use of an option for Two Factor Authentications (2FA) with Go Markets for increased security. An SMS for the confirmation code will be sent to your mobile phone. You will be required to enter this code to log into your account.
Another concern with financial brokers is in respect to security might be manipulation of trading. This is highly disadvantageous to consumers on those platforms. Nonetheless, this is more prevalent in the case of Market Maker brokers who compete with users on the stage.
Pro's & Con's Of Trading With Go Markets
Every online trading platform will have a few pros and cons Go Markets review would be complete without having a balanced approach. This Go Markets review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
Go Markets Pro's
- Go Markets is trusted by 10,000+ clients
- Go Markets doesn't charge inactivity fees
- Go Markets doesn't charge CFD fees
- Go Markets offer trading on MT4, Web Trader, Binary, Tablet & Mobile apps
- Go Markets offer 100 trading instruments
- Go Markets trades major forex pairs
- Go Markets can communicate in
Go Markets Con's
- Go Markets does not offer Negative Balance Protection
- Go Markets does not offer Guaranteed Stop Loss
- Go Markets charge withdrawal fees
- Go Markets charge deposit fees
- Go Markets doesn't trade minor forex pairs
- Go Markets doesn't trade exotic forex pairs
- Go Markets doesn't offer trading on cryptocurrencies
Go Markets Review - Compare Brokers Similar To Go Markets
|Go Markets||Caveo||Bridges Financial Services||TopForex|
|Regulated By||Australian Securities and Investment Commission (ASIC)||Financial Conduct Authority (FCA)||Unregulated||Cyprus Securities and Exchange Commission (CySEC)|
|Find Out More|
|Risk Warning||Losses can exceed deposits||Your capital is at risk||Your capital is at risk||Losses can exceed deposits|
Go Markets Review - Regulation And Licencing In More Detail
Go Markets is regulated by Australian Securities and Investment Commission (ASIC).
Go Markets, as a company, has a powerful set of rules for ensuring honest trading on its platform. For information encryption functions, it supplies an industry-standard secure socket layer (SSL).
As per the organization's privacy regulations, client information is to not be shared with any other institutions or individuals. This includes credit history and other financial information.
Go Markets Review - Awards
- At the time of writing this Go Markets review, they had not received any awards.
Go Markets Review - Minimum Deposit Required
The minimum deposit you need to get started on Go Markets is $1. This is an adequate amount for those just beginning. It's possible to create more complex residue as you cooperate. However, ensure that you understand how to make the most of your cash before investing larger sums.
Go Markets Review - Commission And Fees Explained
Go Markets is an online broker platform, and many online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the companies of online brokerages are scaled much better. In other words, an online broker is not necessarily affected by the number of customers they have.
However, this does not necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for various services to earn money. There are primarily 3 types of penalties for this objective.
The first sort of charges to look out for are trading charges. Whenever you make an actual trade, like buying a stock or an ETF, you're charged trading fees. In such instances, you are paying a spread, funding rate, or a commission. The kinds of trading charges and the rates differ from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the other hand, a spread refers to the difference between the buying and selling price. Financing or overnight rates are those who are charged when you maintain a leveraged position for longer than a day.
Apart from trading charges, online brokers also bill non-trading fees. These are dependent on the actions you undertake on your account. They're charged for operations like depositing cash, not investing for long periods, or withdrawals.
In general, Go Markets doesn't charge high fees compared to other online brokers. For operations other brokers fee for, they either do not charge a brokerage fee, or they charge a lesser sum. This is beneficial for people who often exchange, such as weekly or daily trading.
However, non-trading fees billed by Go Markets are comparatively greater. Consequently, you're charged more for non-trading activities on your trading accounts, such as deposits and withdrawal. These aren't related to the purchase and sale of assets.
This Go Markets review breaks down each of the applicable non-trading fees for you in detail.
Compare broker fees against Go Markets
|Go Markets||Caveo||Bridges Financial Services||TopForex|
Go Markets Review - Withdrawal Fees Explained
Go Markets charges a withdrawal fee if you create a bank transfer. Each time you move money into your bank account, these withdrawal charges become applicable.
Withdrawal of cash is possible at any time from your Go Markets account. You can draw sums up to the amount of your account balance, keeping aside the perimeter used. One thing to keep in mind is that you don't necessarily need to have any money on your accounts.
In addition, the withdrawn money will be moved directly to the accounts you use to make deposits. Therefore, if you used a credit card for deposits, then the withdrawn money is going to be sent into the card. Go Markets will ask you to provide other withdrawal methods in case your details have changed since your deposit.
There is a minimum withdrawal amount. In case you're withdrawing cash in different currencies from USD, a conversion fee is also applicable. The conversion fee will depend on the money you are opting to withdraw in.
Go Markets Review - Inactivity Fees Explained
Understanding whether you will be charged inactivity fees is one of the buzzing questions which run through your head while open an account with Go Markets. An inactivity fee is an amount charged to registered traders who have not participated in buying or selling for some time. The period considered inactive is decided by the broker.
The inactivity fee differs from 1 broker to another and isn't standardized. If a dealers account does not have a purchasing or selling transaction, it is claimed by the agent as an inactivity charge. The traders need to pay this commission under terms and conditions they had agreed while enrolling.
Go Markets doesn't charge inactivity fees so you are free to utilize your account as needed
Even if no fees are implied by Go Markets, it's best for you to close the account if you are inactive. Inactivity fees are not only charged by brokerage companies but also many financial services.
For other trading platforms, the inactivity fee depends on the sort of account you have selected. The inactivity fee is exposed to a lot of conditions and should be disclosed clearly by the agent beforehand.
Go Markets Review - Deposit Fees Explained
When you transfer money into your trading account by your bank account, a deposit fee can be charged by the broker. Most agents don't charge too much money for this operation.
Go Markets charges a deposit fee for transferring money into your trading account.
Depositing money on the Go Markets trading platform is easy. You simply need to finish a single-user profile questionnaire to begin depositing money into your trading account. You will need to give an identity proof and proof of residency to deposit large amounts.
Go Markets Review - Compare Broker Deposit Methods
|Go Markets||Caveo||Bridges Financial Services||TopForex|
What Can You trade With Go Markets?
Note: Go Markets offers a lot of different trading instruments due to regulatory restrictions in a few countries. Trading instruments offered will differ depending on the country of residence of the client.
Go Markets has a wide variety of over 100 instruments available for you to trade with.
If trading forex pairs is of interest to you then Go Markets offer over 15 forex pairs.
Compare Go Markets, Caveo, Bridges Financial Services & TopForex below.
Alternatives To Go Markets
If, after studying this Go Markets review, Go Markets doesn't quite meet your requirements check out these Go Markets alternatives.
We have scoured the web to find the best alternatives to Go Markets. Click the links below to learn more.
Frequently Asked Questions about Go Markets
Can I try Go Markets before I buy?
Yes, you can most certainly try Go Markets before you buy. Go Markets provides demo accounts for the convenience of new traders. You can use this feature to build your faith in the machine as well as yourself and your trading strategies.
If you sign up to get a demo account on Go Markets, you may set out using a decent amount of virtual currency. It's to establish a feeling of safety and confidence in you before you decide to spend your own money.
With this virtual Go Marketsdemo account, you are able to experiment in any way, to whatever period you desire. You might even start positions, examine different trading approaches, and more.
Go Markets specifies on its official website that you are able to trade real time stocks in a demo account.
Is Go Markets safe?
It is possible to drop all your worries since we believe that Go Markets is totally safe to use. It's in compliance with the rules of Australian Securities and Investment Commission (ASIC).
Nevertheless, Go Markets does not provide assured stop-loss protection.
Why does Go Markets ask for my passport?
The reason that Go Markets asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, Go Markets has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, Go Markets must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with Go Markets?
The process to start trading withGo Markets is perhaps simple enough to be a cakewalk. You need to begin by signing up on the Go Markets website. It will require you to fill in details pertaining to the credibility and security of your account.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live acocunt with Go Markets is $1. You should have a good hold over the nuances of online trading before you set out and trade with real money.
If you are confident of your knowledge and understanding, you can open an account with Go Markets.
The best way to kickstart your trading career with Go Markets is to open a demo account facility before risking any real money
What funding methods do Go Markets accept?
There are a number of methods to fund your account with Go Markets. The process is effortless and quick, with different payment methods in your fingertips.
You can use debit or credit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing money. You must bear in mind that PayPal is not available in every country. The monies Go Markets
Is my money safe with Go Markets?
Yes, your cash is safe and secure with Go Markets. As you know, Go Markets operates with proper conformation to. It has established lots of steps to guard all of its own investors.
Go Markets protects its clients' personal and sensitive data under SSL encryption. Your capital will be kept highly secure in top-tier banks.
If you want to further safeguard your accounts, you can enable Two-Step Verification also. It takes an SMS affirmation for you to get your accounts.
Is Go Markets trading good?
Yes, trading via Go Markets is a pleasant and decent experience indeed. It is an excellent and intuitive platform with useful features for your ease. Moreover, you could also gain access to a huge collection of educational resources and assistive substance to kickstart your trading experience.
If you are still skeptical, you can start a eToro demo account and assess the credibility of the platform for yourself.
Which Countries does Go Markets support?
Go Markets operates around the world. However, due to regulations there are some countries that Go Markets cannot accept clients from
Is Go Markets legit?
Go Markets is a legit company headquarted in Australia since 2009. They are regulated by Australian Securities and Investment Commission (ASIC). Go Markets is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is Go Markets a good broker?
Go Markets is a great broker, and its own users can vouch for it. The highlight of the platform is its fast order execution on trades.
You'll discover the clean design of the platform and the admirable features a pleasure to work with.
Is Go Markets a trustworthy broker?
Yes, Go Markets is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can reaffirm their trustable nature.
What is the minimum deposit for Go Markets?
The minimum deposit to open a live account with Go Markets is $1
How long do Go Markets withdrawals take?
Normally, withdrawal of money from Go Markets is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from Go Markets to show in your bank account.
Are Go Markets regulated?
Go Markets are regulated by Australian Securities and Investment Commission (ASIC)
Is Go Markets a market leading broker?
Go Markets is currently among the business leaders. It has over 10,000+ registered users and over 12 years of experience on its record. They're among the world's leading trading platforms and a prominent figure in the Fintech revolution.
It majorly owes this status to its incredible platform and wide selection of resources plus tools so that you can put money into capital markets.
Is Go Markets a con?
No, Go Markets is not a con. They are regulated by Australian Securities and Investment Commission (ASIC) and must adhere to their rules. Thus, it is safe to say that Go Markets is not a scam.
Can you make money with Go Markets?
Using Go Markets, several traders make a great deal of money. However, on average, through continual trading, you also can create between 2% - 10% profit a month.
This may seem like a little number, but over the year, this adds to a significant amount of gains. While Go Markets provide you all of the tools to earn money, they cannot guarantee that you will gain.
Does Go Markets have fees?
Yes. To begin trading with Go Markets, you have to deposit $1. Certain commissions while trading additionally apply. Any processing fees from your bank might need to be incurred by you.
When was Go Markets founded?
Go Markets was founded in 2009 in Australia. Go Markets is regulated by Australian Securities and Investment Commission (ASIC).
How many people use Go Markets?
Go Markets is a worldwide recognised agent with 10,000+ customers.
Where is the Go Markets head office?
Go Markets has its head office in Australia
Does Go Markets offer negative balance protection?
No. Go Markets does not offer negative balance protection. If your balance is unfavorable, Go Markets indicates you promptly contact customer services. With this, you can correct any imbalances within your own account.
Does Go Markets offer guaranteed stop loss?Go Markets unfortunately, doesn't provide guaranteed stop loss. Go Markets gives a chance for its dealers to close their trades in their specified price. Apart from that, Go Markets doesn't offer guaranteed stop loss.
Does Go Markets allow scalping?Yes, Go Markets do allow scalping. Many traders across the world choose Go Markets for their services that are trading. They offer trading on MT4, Web Trader, Binary, Tablet & Mobile apps which allow this.
Does Go Markets allow hedging?
Yes, Go Markets does allow hedging.
Can you trade energies with Go Markets?
No, unfortunately you cannot trade energy stock with Go Markets
Can you trade agricultural shares with Go Markets?
No, unfortunately you cannot trade agricultural stock with Go Markets
Can you trade cryptocurrency with Go Markets?
No, unfortunately you cannot trade cryptocurrency with Go Markets
Can you trade metals with Go Markets?
Yes, you can trade metals with Go Markets
Can you trade UK Shares with Go Markets?
No, unfortunately you cannot trade UK shares with Go Markets
Can you trade US Shares with Go Markets?
No, unfortunately you cannot trade US shares with Go Markets
Can you trade Japanese Shares with Go Markets?
Yes, you can trade Japanese shares with Go Markets
Can you trade German Shares with Go Markets?
No, unfortunately you cannot trade German shares with Go Markets
Does Go Markets accept bank transfers?
No, Go Markets does not accept bank transfers.
Does Go Markets accept credit cards?
No, Go Markets does not accept credit cards.
Does Go Markets accept PayPal?
No, Go Markets does not accept PayPal.
Does Go Markets accept Skrill?
No, Go Markets does not accept Skrill.
Does Go Markets accept Payoneer?
No, Go Markets does not accept Payoneer.
Does Go Markets accept Neteller?
No, Go Markets does not accept Neteller.
Does Go Markets offer Live Chat customer support?
No, Go Markets does not offer customer support through live chat.
Does Go Markets offer phone customer support?
No, Go Markets does not offer customer support over the telephone.
Does Go Markets offer email customer support?
No, Go Markets does not offer customer support through email.
What languages can Go Markets communicate in?
Go Markets has the ability to communicate and support customers who speak:
Does Go Markets have a wikipedia page?
No, Go Markets does not have an official wikipedia page.
Does Go Markets offer demo accounts?
Yes, Go Markets offers demo accounts so you can learn their systems before risking any real money.